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Student Loans Update: These Public Service Loan Forgiveness Program Changes Poised To Be Made By Trump
Student Loans Update: These Public Service Loan Forgiveness Program Changes Poised To Be Made By Trump

The Trump administration is considering making changes to the Public Service Loan Forgiveness program. It wants to exclude individuals and organizations it says are involved in “illegal activities” from having their student loan forgiven. The program allows government employees such as teachers, firefighters and workers at nonprofits to have their student loans canceled after making payments for 10 years. Over a million people have had their loans canceled through the program under the Biden administration, according to the Associated Press . What is the Public Service Loan Forgiveness program? The program was created in 2007 to encourage recent graduates to pursue a career in the public sector. Nonprofit organizations are also eligible if their main focus is on public interest law, public health or education. What changes does Trump want to make to the Public Service Loan Forgiveness program? The Trump administration wants to cut the program for those who would be considered to be...

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